ISTANBUL

Turkey can build on a new support scheme for rooftop solar projects by providing further incentives that would currently reduce the payback period by four years from the current 11-year estimate and down to two years by 2030, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) said Thursday.

According to the IEEFA’s new report called New Incentives Brighten Turkey’s Rooftop Solar Sector, a closer look at Turkey’s rooftop solar sector reveals the country has among the most abundant solar resources in Europe, far surpassing market leaders such as Britain and Germany.

Turkey has seen

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